OFF MARKET

666 Back River Road
Magra TAS 7140

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 141100m2
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Property Details for 666 Back River Rd, Magra

Building Type
Land
Land Size
141100m2
Local Government
Derwent Valley
Lot/Plan
2/51298

Last Listing description (June 2016)

A staggeringly beautiful 35 Acre (approx) bush retreat with perhaps the best views in Magra. The land is predominantly level or gently sloping, with a nice mix of forest and clearings. Mains power is available at the boundary. There is already a dam in place and the soil appears very fertile. A long cliff-face forms part of the other side boundary, the views from which are almost worth the purchase price alone. Privacy is assured, with the nearest neighbours kilometres away. There are numerous ideal building sites (S.T.C.A) or camping sites for those just looking for the ultimate weekend hideaway.
Please note that this property is currently accessible only by 4WD. There is a nice and wide gravel/rock road up the escarpment leading to the property, but the weather over the years has caused deterioration to the surface. The track in is approx 6km's and travel time from the property to New Norfolk is around 20 minutes. Whilst not a drive for the feint-hearted, the track would be no concern whatsoever for the seasoned four-wheel-driver. Call the local team at Derwent Real Estate for further information or to book a private inspection (property is not accessible to general public, there are locked gates etc on route).

Property History for 666 Back River Rd, Magra, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$98,000
09 Feb 2016
  • 09 Feb 2016
    Sold for $98,000
  • 22 Apr 2014
    Listed for Sale $125,000
  • 19 Jun 1992
    Sold for $32,000

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About Magra 7140

The size of Magra is approximately 27.9 square kilometres. It has 4 parks covering nearly 34.2% of total area. The population of Magra in 2011 was 826 people. By 2016 the population was 714 showing a population decline of 13.6% in the area during that time. The predominant age group in Magra is 50-59 years. Households in Magra are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Magra work in a trades occupation. In 2011, 86.9% of the homes in Magra were owner-occupied compared with 93.7% in 2016.

Magra has 403 properties. Over the last 5 years, Houses in Magra have seen a 56.10% increase in median value, while Units have seen a 407.33% increase. As at 31 October 2024:

  • The median value for Houses in Magra is $560,153 while the median value for Units is $440,582.
There are currently 17 properties listed for sale, and no properties listed for rent in Magra on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Magra.

Suburb Insights for Magra 7140

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.